Market News
Fazekas Sándor discussed about the further expansion of agricultural relations with his Japanese counterpart
The further enlargement of agricultural relations was discussed between Fazekas Sándor Minister of Agriculture and his Japanese counterpart Taniai Maszaaki, Minister of State of Japan’s Ministry of Agriculture, Forestry and...
Read moreNGM: 45 SMEs received 5 billion forints development support
In order to improve its competitiveness and research and development 4.5 billion HUF were given as research and development support to 15 small and medium-sized enterprises (SMEs) in Pest county....
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The government is also helping the SMEs entering the stock market
The government supports the companies interested in entering the stock market with two initiatives – Rákossy Balázs, Minister of State of the Ministry of National Economy said at the meeting...
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Magazine: The Netherlands is one of the driving forces of the world market
The Netherlands is the world’s 5th biggest product exporter and in 2016 the country exported goods in the value of nearly USD 668 billion – this sum represents 3.5 percent...
Read moreOutstanding quality wine yield is expected this year
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year’s harvest – Kiss Eliza, Ministerial Commissioner for special oenological tasks at the...
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MNB: Card payment transactions grew by 25 percent in the second quarter
Payment card purchase turnover increased by 25 percent in the second quarter of this year, exceeding all previous growth rates – the National Bank of Hungary (MNB) announced on Monday....
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MGYOSZ: lack of specialist means the biggest limit for growth of companies
According to the survey of MGYOSZ, 92 percent of the company executives indicated the lack of specialists as the biggest obstacle of growth. The National Association of Employers and Industrialists...
Read moreFazekas: Far East markets are promising
Relationships with the Far East markets are promising – Fazekas Sándor, Minister of Agriculture told M1 news channel on Tuesday. The Minister drew attention: Japan is the guest of Honor...
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Nougat slice infected with with glass
A customer found a piece of glass in Germany in a nougat slice that was manufactured in Germany. The National Food Chain Safety Office (Nébih) announced on Monday that the...
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Bananas in danger
One of the most popular fruits of the world is endangered by an aggressive mushroom specie, complete extinction is in the pile, but fortunately there is still hope – penzcentrum.hu...
Read moreFAO: Wheat and meat push FAO Food Price Index higher in June
Global food commodity prices rose in June, led by wheat and meat prices. The FAO Food Price Index, a monthly trade-weighted index tracking international market prices of five major food...
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Magazine: Consumers appreciate more layers
Taking a closer look at the sales trends in various household paper product categories, we can see that the market has been expanding steadily. Value shares have been growing faster than...
Read moreGood quality wine is expected
About 2.8 million hectoliters wine yield is expected in Hungary this year, which is similar to last year – the Minister of Agriculture told MTI in Szekszárd, on Friday. Kiss...
Read moreKSH: the dynamic expansion of the Internet market continues
The dynamic growth of the Internet market continued in the second quarter; the number of subscriptions exceeded 9.1 million and was 8 percent higher than one year before – according...
Read moreCooperation agreement for the development of agricultural training
The Ministry of Agriculture (FM) and the National Chamber of Agriculture (NAK), the agrarian training institutes of the region and small and medium enterprises in the area have signed a...
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Nébih: Albanian bakeries do not pose a food safety risk
The Albanian bakeries do not pose a food safety risk – the National Food Chain Safety Office (Nébih) informed MTI on Friday. Nébih’s communication states: “Based on the experience of...
Read moreThe domestic market has a key importance to large companies
The domestic large companies’ profitability depends on mainly the domestic demand while the decisive public burdens are no longer affect the companies sensitively. The forint’s exchange rate fluctuations and inflation,...
Read moreThe consumer sentiment has deteriorated in the United States
The consumer sentiment in the United States decreased in September – the regular monthly survey of the Michigan University revealed. The preliminary results were published on Friday. In September, the...
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Smart hairbrush and UV patch
At the Viva Technology conference in Paris La Roche-Posay have introduced their latest innovation, called My UV Patch, a sensor that is put on the skin and monitors UVA and...
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Magazine: Pork and cheese prices increased the most in one year
In July 2017 consumer prices were 2.1 higher on average than in July 2016. Food prices grew by 3.3 percent – pork cost 12.7 percent more and we had to...
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So far, the Nébih has issued a report on fipronil-free production in case of 15 egg companies
The National Food Chain Safety Office (Nébih) has begun issuing test reports for egg market companies who have stated that they do not use fipronil based insecticides or ingredients containing...
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K&H: it is time to modernize fruit plantations
The changes in the price of agricultural products for cereals and animal products did not surprise, but there is a very serious change in fruit and vegetables, which draws attention...
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KSH: the employment rate of the 15-64 age group improved to 67.6 percent in the first half of the year
The employment rate of the 15-64 age group improved in the first half of this year, up by 1.9 percentage points reaching 67.6 percent, compared to the same period of...
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The pace of wage growth in the euro zone accelerated to a two years peak
Personnel costs rose further in the European Union and in the euro area in the second quarter. In the euro area, the pace of wage growth accelerated to a two...
Read moreUS retail sales declined in August
Contrary to the expectations of the analysts, who forecasted a modest growth, US retail sales declined in August. The US Department of Commerce announced on Friday that seasonally adjusted retail...
Read moreFAO: Global cereal output heading for a new record, lifting consumption and stocks
Global food prices dipped in August, mainly as the prospect of bumper cereal harvests pushed up expectations for larger grain inventories. The FAO Food Price Index declined 1.3 percent from...
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Home delivery and collection points are becoming more popular
As online retail is getting more popular, logistics service providers need to satisfy new needs. GKI Digital and Árukereső.hu’s Online Retail Index survey has pointed out that last year 69...
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The world of augmented reality
2017 is likely to be an interesting year for both retail trade and IT: online shops are appearing in the physical space and they stun customers with high-tech solutions. In...
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Agricultural purchasing prices increased by three percent
In July, the price of plant products decreased by 1.4 percent, while the price of livestock products grew by 10.6 percent, thus agricultural producer prices rose 3.0 percent over the...
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Agricultural Chamber: almost all agricultural enterprises receive development support
91 percent of the businesses in the agricultural sector can get some kind of development support – stressed Éder Tamás, evaluating the results of the National Chamber of Agriculture (NAK)...
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